2870 stores shut down in first half of 2019 - UK

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2870 stores shut down in first half of 2019 - UK

PwC & Local Data Company research: 2870 high street stores closed in the six months to 30 JuneFashion retailers saw the biggest number of store closures, driven by high-profile CVAs and administrations.
// 2870 high street stores closed in the six months to June 30, research by PwC & Local Data Company shows
// This is the highest figure since records began and equates to around 16 shops closed every day
// However, a total of 1634 stores opened in the same period, up 4% year-on-year
// This results in a net closure of 1234 stores on Britain’s top 500 high streets
The number of stores closing down in the first six months of the year has reached its highest levels, with new figures indicating an average of 16 shops shutting per day.

https://www.retailgazette.co.uk/blog/2019/09/pwc-local-data-company-2870-stores-close-down-high-streets/

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